| English Dictionary |
COMMERCIAL PAPER
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| IPA (US): |  |
Dictionary entry overview: What does commercial paper mean?
• COMMERCIAL PAPER (noun)
The noun COMMERCIAL PAPER has 1 sense:
1. an unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
Familiarity information: COMMERCIAL PAPER used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
An unsecured and unregistered short-term obligation issued by an institutional borrower to investors who have temporarily idle cash
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("commercial paper" is a kind of...):
cash equivalent (a highly liquid debt instrument with maturities of less than three months)
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"Patient without any pain, the dog is lame when it wants to" (Breton proverb)
"Complaining to someone other than God is disgraceful." (Arabic proverb)
"Hunger is the best cook." (Czech proverb)